Major stock exchanges on Wall Street ended the Monday session with solid gains as United States President Donald Trump revealed some technological products will be omitted from the 145% tariff on China. Meanwhile, other US officials commented that progress is being made on trade negotiations with other countries. In other news, Nvidia announced it'll produce AI supercomputers in the US.
The Dow Jones advanced by 0.78% or 312 points at the close, with Apple up 2.78%. Simultaneously, the Nasdaq 100 increased by 0.57%, as PDD jumped 4.73%. The S&P 500 ended with a 0.80% gain, with Charles River Laboratories surging 6.87%.
The euro traded flat against the dollar at 3:59 pm ET, selling at 1.13619.